ENXTAM:CSGAerospace & Defense
CSG (ENXTAM:CSG) Stock Faces A Bigger Question Than Its Profit Surge
CSG stock comes into this earnings print on a tear, with a 30.2% gain over the past month and a price of €17.71 that still sits far below many analysts’ fair value models. The headline today is simple: CSG turned in a solid Q2 with €1.71b in revenue and €272m in net income, while the trailing twelve month figures continue to support a story of strong profitability.
The market is trading the latest quarter. The real question for investors is how this defence supplier’s multi year backlog,...